1-bed · 475 sqftVera Residences, Business Bay · 14th floor · completed 2022

1417, Vera Residences

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in February 2018, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1417 · DLD and Ejari recordsUpdated 12 December 2023

Last soldAED 753K7 February 2018

Current rentAED 85K /yr12 December 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1417, Vera Residences

Today

What is 1417 worth today?

Last sold for AED 753,000 in 2018

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12 Dec 2023

12 Dec 2023RentedRenewal

AED 85,000/yr12 months · AED 179 per sqft

7 Feb 2018

7 Feb 2018Sold by developerOff-plan

AED 753,000AED 1,585 per sqft

Source: Dubai Land Department. Updated 12 December 2023.

Key facts

Type: 1-bed apartment
Size: 475 sqft
Floor: 14th of 28
Parking: P3-114
Developer: DAMAC
Completed: 2022
Service charge: AED 10,500 /yr
Last sold: AED 753K · February 2018
Building: Vera Residences

About 1417, Vera Residences

1417 is a one-bedroom apartment of 475 sqft on the 14th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 7 February 2018 for AED 753,000, or AED 1,585 per sqft, in line with the AED 1,566 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 December 2023. The current contract, renewed on 12 December 2023, is AED 85,000 a year: a gross yield of 11.3% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1417 over time

Sales

Unit 1417, each saleTypical one-bed in Vera Residences

1417 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1417, each contractTypical one-bed in Vera Residences

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Vera Residences, and where 1417 sits

All 283 1-beds →

1-beds in Vera Residences · last 12 months2,346 /sqft Vera Residences · all types1,668 /sqft

1417 last sold in February 2018 at AED 1,585 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,566). Over the last 12 months one-beds sold for AED 1,050,000 to 1,200,000, around AED 2,346 per sqft, and rent for AED 29,219 to 125,000 a year. 1417's AED 85,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
18 Dec 202518 December 2025	485 sqft	1,050,000	2,164
9 Jul 20259 July 2025	475 sqft	1,180,000	2,485
4 Jul 20254 July 2025	513 sqft	1,120,000	2,184
3 Jul 20253 July 2025	511 sqft	1,100,000	2,151

2 1-bed sales in the last 12 months

Vera Residences

Building

522 apartments, studios to 2-bed over 28 floors in Business Bay, completed in 2022 by DAMAC. 5 sold in the last 12 months.

Typical price per sqft: AED 1,668
Typical sale: AED 1.45M
Typical rent: AED 85K /yr
Typical yield: 9.0%

Vera Residences, Business Bay: prices, sales and rents →

Other units on the 14th floor

All 522 units in Vera Residences


1401	2-bed	900 sqft	AED 1.31MAED 1,313,000 · Jul 2018July 2018
1402	2-bed	890 sqft	AED 1.24MAED 1,238,000 · Feb 2018February 2018	88,000 /yr
1403	1-bed	513 sqft	AED 1.3MAED 1,300,000 · Jan 2024January 2024
1404	2-bed	908 sqft	AED 1.02MAED 1,020,000 · Aug 2022August 2022	103,000 /yr
1405	2-bed	905 sqft	AED 1.21MAED 1,205,000 · Feb 2018February 2018	105,000 /yr
1406	2-bed	900 sqft	AED 1.2MAED 1,197,000 · Apr 2018April 2018	110,000 /yr
1407	2-bed	902 sqft	AED 1.2MAED 1,197,000 · Feb 2018February 2018	114,000 /yr
1408		899 sqft	AED 1.48MAED 1,475,000 · Oct 2025October 2025	120,000 /yr
1409	2-bed	908 sqft	AED 1.29MAED 1,290,000 · Apr 2018April 2018	120,000 /yr
1410	1-bed	479 sqft	AED 794KAED 794,000 · Jul 2018July 2018	70,000 /yr
1411	1-bed	477 sqft	AED 725KAED 725,000 · Feb 2018February 2018	86,250 /yr
1412	1-bed	476 sqft	AED 723KAED 723,000 · Feb 2018February 2018	73,000 /yr
1413	1-bed	340 sqft	AED 700KAED 700,000 · Oct 2024October 2024	80,000 /yr
1414	1-bed	479 sqft	AED 738KAED 738,000 · Feb 2018February 2018	96,000 /yr
1415	1-bed	478 sqft	AED 850KAED 850,000 · Feb 2023February 2023
1416	1-bed	475 sqft	AED 750KAED 750,000 · Dec 2022December 2022	80,000 /yr
1418	1-bed	475 sqft	AED 753KAED 753,000 · Feb 2018February 2018	75,000 /yr
1419	1-bed	475 sqft	AED 753KAED 753,000 · Jun 2018June 2018	75,000 /yr
1420	1-bed	474 sqft	AED 777KAED 777,000 · Feb 2018February 2018	85,000 /yr
1421	2-bed	905 sqft	AED 1.24MAED 1,239,000 · Apr 2018April 2018

1–7 of 20

1417, Vera Residences in numbers

Sold once: by DAMAC on 7 February 2018 for AED 753,000, or AED 1,585 per sqft.
Rented since December 2023 on one Ejari contract, at AED 85,000 a year.
At AED 85,000 a year the gross yield on the 2018 price is 11.3%, before a service charge of about AED 10,500 a year (AED 22.04 per sqft).
One-beds in Vera Residences sold for AED 1,050,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,668 per sqft.

Source: Dubai Land Department. Updated 12 December 2023.

Questions about 1417, Vera Residences

What did unit 1417 last sell for?

AED 753,000 on 7 February 2018, sold by the developer: AED 1,585 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 1417?

AED 85,000 a year on the contract renewed on 12 December 2023.

How big is unit 1417?

475 sqft (44.1 sqm): a one-bedroom apartment on the 14th floor of a 28-storey tower completed in 2022.

What is unit 1417 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vera Residences sold for AED 1,050,000 to 1,200,000 in the last 12 months, around AED 2,346 per sqft.

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Mortgage on 1417, Vera Residences

Starts from the last sale price (AED 753K, 7 February 2018). Switch to today's estimate once you have unlocked it.

Price: AED 753,000
Deposit, UAE resident (20%): AED 150,600
Deposit, non-resident (40%): AED 301,200
Monthly over 25 years at 3.7%: AED 3,081

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →